A CMDA Approved Plot for Sale in a Prime locality of Medavakkam

CMDA Approved

CMDA Approved Residential Plot for Sale

Location of the Plot

This CMDA Approved Plot for Sale is in Medavakkam/Pallikaranai, on the opposite side of the new Fantastic Jayachandran Textiles in Pallikaranai. It’s around 600 Meters from Medavakkam Junction.

Property Details

This plot is in a CMDA Approved Layout. There are 12 CMDA Approved plots in this Layout. Some of the Plots have already been booked. The sizes of the available plots range from 1268 sqft to 1800 sqft. The frontages are 26′ to 30′. The Plots are East and West Facing. The Layout Roads are 24′ wide.

Neighborhood and Other Info about the Plot

The distance from the Velachery Main Road(Fantastic Jayachandran) to the site is hardly 150 Meters. 

With Schools, Colleges nearby, with good Connectivity to OMR, Velachery and all other places, this CMDA Approved Plot is one of the best in Medavakkam.

Moreover, Plots of this size, that too in an Approved Layout is very few in this part of Chennai. 

Price and Brokerage

The Price quoted is Rs 5600 per sqft, This is marginally negotiable. The Listing is for a 1351 sqft East Facing Plot.

Brokerage:1%

Medavakkam

Medavakkam is Central to the growing suburbs of Sholinganallur/Perumbakkam, Pallikaranai, Madipakkam, Keelkattalai, Velachery and Tambaram.
 
Also, it leads the growing localities of Sithalapakkam, Ottiyambakkam, Ponmar,and placed at an equal distance between ECR/OMR and GST Road. Velachery and Tambaram Railway stations are at almost same distance.
 
Medavakkam lies in between Velachery and Tambaram.
 
Recently, work on a Grade Separator has been inaugurated by the State Government at Medavakkam Koot Road junction. Once completed, this will streamline the traffic to OMR, Velachery, Tambaram and Madipakkam/Guindy.
Consequently, the Medavakkam-Mambakkam Road is also poised to become one of the busiest roads in this part of Chennai. 
 
Simultaneously, work on removing encroachments along the Velachery-Tambaram Road is also progressing steadily.
 
Most important: The area has not reported any flooding during the recent Floods. Also, the Ground water is good in most of the areas, unlike the Sholinganallur or Perumbakkam areas.
 
One of the few areas in Chennai which has withstood the price slide and found considerable appreciation in Real Estate prices is Medavakkam.
 

The Info given about the Property are based on the Site Visit and Discussion with Seller/Owner.

Price: Rs.76Lakhs INR
Property Id:CRP 0057
Land Area:1351 sqft
Frontage:30'
Facing:East
Road Width:24'
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